Never Follow Bad Money with Good Money

Matt Yglesias reports:

"In what's probably the most important Social Security development of the day, The Washington Post reports, that "The Financial Services Forum, an association of 19 chief executives of large financial services companies, has decided to withdraw from Compass, the group that is leading industry's effort to gin up support for the president's plan outside the Beltway."

Did someone say something about rats and a sinking ship?"

They did win on bankruptcy "reform" however.